The types of Economy's
Fabiola Alba 4th p
Economic freedom
- Mixed Economy
- Rating 4.5
- For the most part consumers are allowed to but whatever they want, with little government involvement.
Full employment
- Command economy
- Rating 4.5
- The government gives everyone a job to do, there for makes the unemployment rate low.
Economic Growth
- Market Economy
- Rating 4.5
- The U.S can also be considered market but mainly mixed. The U.S gives out the most to help those who need it.
Mixed Economy
In a mixed a economy consumers can make their own decisions. They can buy and sell whatever they want, but the government has regulations. They people have rights that a command economy doesn't. For example owning property.